Governance

The Paintback scheme is operated by Paintback Ltd (PBL). Paintback is a not-for-profit organisation governed by a board of directors,
with an independent chair. All surplus funds are to be used for the company’s objectives and cannot be distributed to its members.

Paintback's objectives are to:

Implement the Paintback scheme by receiving the funds raised from the waste levy and contracting with local governments and waste
service providers for the collection and safe disposal of unwanted paint and packaging;

Administer a substantial program of research into new end-of-life uses for waste paint.

Paintback's constitution establishes a board of directors who are highly skilled and experienced to be responsible for the oversight and
proper management of the organisation, including an independent chairman. It is operated by a management team and Chief Executive, accountable
to the Paintback Board.

As a company limited by guarantee, the company must comply with the Corporation’s Act 2010. It is registered with the Australian Charities and
Not-for-profit Commission. The levy has been authorised by
the Australian Competition and Consumer Commission.